AI could present a major threat to the car insurance industry with concerns fake claims could become a regular reality.

Effective claims automation requires a cultural shift that prioritizes people, processes and strategic alignment.

Chinese auto e-insurer SunCar Technology Group has integrated DeepSeek's AI technology into its cloud-based service platform and car insurance software-as-a-service (SaaS) solutions. The ...

The insurance sector continues to encounter consumer hesitation around artificial intelligence, even as users report positive ...

The potential for AI to be used in insurance fraud is growing and there has been a major jump in the quality of doctored ...

Ominimo is essentially applying some AI-based reasoning around big-data analytics. When building and pricing an insurance quote ... or location of car) to determine a price.

AI and machine learning are at the centre of ... This shift enables usage-based insurance models that offer fairer premiums while encouraging safer driving habits.

Artificial intelligence is developing fast, maybe too fast for state insurance regulators. The difficulty in trying to write rules for the quick-moving AI, amid the slow pace preferred by ...

AI-powered life insurance programmes are able to leverage that data to create insurance plans that reflect policyholders’ wellness more keenly than ever before. Pairing this data with predictive ...